Initial price	£182,000
02/01/26	£165,500
Price Change	-9.07%

This property, a well-presented terraced house in Portsmouth, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure a property with a lifetime lease, with the option to purchase a share of the property value to safeguard for the future. The cost of the lifetime lease is typically less than the full market value, with savings ranging from 20% to 50%. The property itself offers a bright and neutral interior, with three bedrooms, a bathroom, kitchen, and lounge, as well as a front forecourt and rear garden. The asking price for the lifetime lease is £165,500, which is £84,500 less than the market value of £250,000.